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Hyperinflation. Could History Repeat Itself?
Do you know how hyperinflation occurred in Germany in the 20s? Do you know what steps to take to protect yourself, if history repeats itself? In this post, we will look at that moment in history when preparedness was key for citizens and how you can apply those lessons in today's environment.View post to subscribe to site newsletter.
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4 Ideas on How to Increase Your Financial Security
If you are not involved in financial assets and think, why should you care? The truth is, as long as you have a bank account and use money, you are in the financial system and exposed as everyone is.View post to subscribe to site newsletter.
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Burning More Oil to Fight Climate Change
In the previous post, we discussed why cheap energy enables life. And how decreasing energy production can result in life losses in emerging countries. Using the same set of ideas, I will explain why burning more oil to fight climate change might be a good idea. And that I haven’t click-baited you with the title of this post.View post to subscribe to site newsletter.
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Why Energy Equals Life?
A concept that will help you understand better energy policies since this is universal and true throughout all history. Energy equals life.View post to subscribe to site newsletter.
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4 Terrible Measures against High Prices
Prices continue to increase, and paying for essential goods and services is becoming more painful for the most economically disadvantaged. Governments are discussing how to revert the situation and return to normal. There are several types of measures against high prices being discussed, but in my view, most of them are terrible. Let me comment on those and tell you what I think should be done. The problem First of all, let’s define the problem so we can analyze our possibilities and decide what is best. High prices of something show that there is a shortage of it. Or, there is a lot of money available to buy it. Either…
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4 Reasons to Not Change Your Czech Crowns for Euros
The other day a friend asked me if they should exchange their Czech crowns for Euros. They were concerned about inflation and the political madness around us. At that moment I didn’t have an opinion. The question bugged me for a while. My main source of income is Czech crown-based. So after doing a bit of thinking, here are my reasons why I will keep my Czech crowns. Reasons to not exchange your Czech crowns for Euros Debt to GDP: The debt of the Czech Republic is 42% of GDP vs 95% in the Eurozone. If the interest rates increase, it will be more expensive for governments to pay for…
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4 Reasons for a Stock Market Crash in 2022
One of the fears of being invested is waking up one day and realizing that you are down 50% in an overnight market crash. When writing this post, the stock market is bleeding, we don’t know when it will stop or if it will continue, but instead of panic, we can prepare our financials for it and take advantage of the situation. What is a market crash? The most important and biggest market in the world is the US market. The US dollar is the world reserve currency. That is why we always look at the US economic situation. As a reference to define what a crash is, we have…
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How Could Uranium Multiply Your Savings?
I would like to introduce you to my favorite investment idea. The one that has the potential to multiply your savings in the short/medium term and set you up to meet your financial goals: Investing in Uranium.View post to subscribe to site newsletter.
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Why is Trust in Money so Important?
In this post, I would like to explain why trust in money is so important and how it allows us to specialize and prosper. I want to lay down a different way of looking at money and trust. And complement my previous post, “Why the world order just changed?” Scaling up society Imagine that you are the only person in society. If you wanted to survive, you would need to know a little bit about all the necessary skills. Let’s simplify by saying hunting and farming. You wouldn’t have the time to master all the skills because your time would be limited so your outcome would be mediocre. Now imagine that…
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Why the World Order Just Changed?
How did the US commit economic suicide? In this post, I will explain just that and suggest how you can prepare for the economic difficulties and the new world order that are coming our way.View post to subscribe to site newsletter.
